Fortis Group Advisors LLC Raises Stock Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Fortis Group Advisors LLC raised its holdings in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 343.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 220,118 shares of the company’s stock after acquiring an additional 170,436 shares during the period. SPDR Portfolio S&P 500 ETF comprises approximately 2.8% of Fortis Group Advisors LLC’s portfolio, making the stock its 7th biggest holding. Fortis Group Advisors LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $14,088,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPLG. Hofer & Associates. Inc boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.2% in the second quarter. Hofer & Associates. Inc now owns 13,457 shares of the company’s stock valued at $861,000 after acquiring an additional 166 shares in the last quarter. Narus Financial Partners LLC boosted its holdings in SPDR Portfolio S&P 500 ETF by 0.7% in the second quarter. Narus Financial Partners LLC now owns 24,955 shares of the company’s stock valued at $1,597,000 after acquiring an additional 167 shares in the last quarter. Crew Capital Management Ltd. boosted its holdings in SPDR Portfolio S&P 500 ETF by 1.2% in the second quarter. Crew Capital Management Ltd. now owns 14,160 shares of the company’s stock valued at $906,000 after acquiring an additional 172 shares in the last quarter. Northwest Capital Management Inc lifted its position in SPDR Portfolio S&P 500 ETF by 0.8% during the first quarter. Northwest Capital Management Inc now owns 22,580 shares of the company’s stock valued at $1,389,000 after buying an additional 180 shares during the period. Finally, Hemenway Trust Co LLC lifted its position in SPDR Portfolio S&P 500 ETF by 1.6% during the first quarter. Hemenway Trust Co LLC now owns 13,570 shares of the company’s stock valued at $835,000 after buying an additional 215 shares during the period.

SPDR Portfolio S&P 500 ETF Trading Up 0.9 %

SPDR Portfolio S&P 500 ETF stock traded up $0.60 on Friday, hitting $66.28. 3,540,902 shares of the stock traded hands, compared to its average volume of 7,256,638. The firm has a market cap of $38.65 billion, a P/E ratio of 26.64 and a beta of 1.00. The business’s fifty day simple moving average is $64.55 and its 200 day simple moving average is $62.19. SPDR Portfolio S&P 500 ETF has a 1 year low of $48.13 and a 1 year high of $66.47.

SPDR Portfolio S&P 500 ETF Company Profile

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.